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The Terms of a Will Currently Undergoing Probate Are: "A

Question 78

Multiple Choice

The terms of a will currently undergoing probate are: "A gift to my brother Chris of $40,000 cash; to my son Eric, $75,000 from my Redstone Savings Bank account; and to my daughter Lauryn, all of my remaining property." At the time of death, the balance in the savings account was $60,000, and there was additional cash (after payment of funeral expenses and all claims against the estate) of $95,000.The decedent resided in a state that treats a demonstrative legacy shortfall as a general legacy. How much would Lauryn have received from the estate?


A) $0.
B) $40,000.
C) $55,000.
D) $80,000.
E) $95,000.

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